Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was CNY 122,197,050.35, down 4.34% from CNY 127,743,616.07 in the same period of 2023[3] - Operating revenue for the first nine months of 2024 was CNY 413,092,294.10, reflecting an 11.35% decline from CNY 465,999,688.03 year-on-year[3] - The company experienced a 65.66% drop in revenue for Q3 2024, reporting CNY 68,924,309.81 compared to CNY 200,709,514.54 in Q3 2023[3] - The basic earnings per share for Q3 2024 was CNY 0.25, a decrease of 62.69% from CNY 0.67 in the same quarter last year[3] - Total operating revenue for the first nine months of 2024 was CNY 413,092,294.10, a decrease of 11.3% compared to CNY 465,999,688.03 in the same period of 2023[20] - Net profit for the first nine months of 2024 was CNY 122,197,050.35, a decrease of 4.3% compared to CNY 127,743,616.07 in the previous year[21] - Total comprehensive income for the first nine months of 2024 was 118,097,991.48 yuan, down from 121,210,188.44 yuan in the previous year, a decline of approximately 2.5%[23] Cash Flow - The net cash flow from operating activities decreased by 63.32% to CNY 49,580,043.13 compared to CNY 135,181,886.24 in the previous year[3] - Cash flow from operating activities for the first nine months of 2024 was 49,580,043.13 yuan, significantly lower than 135,181,886.24 yuan in the same period of 2023, a decrease of about 63.3%[25] - Operating cash inflow for the first nine months of 2024 is CNY 390,290,619.09, a decrease of 6.0% compared to CNY 415,084,588.08 in the same period of 2023[26] - Net cash flow from operating activities is CNY 53,229,091.74, down 58.3% from CNY 127,449,152.63 year-on-year[27] - Cash inflow from financing activities is CNY 49,278,183.96, compared to CNY 2,000,000.00 in the previous year, showing a substantial increase[27] - Net cash flow from financing activities is -CNY 51,844,820.70, slightly worse than -CNY 48,903,388.68 year-on-year[27] Assets and Liabilities - Total assets as of September 30, 2024, amounted to CNY 1,240,947,172.03, a decrease of 1.26% compared to CNY 1,256,754,913.14 at the end of 2023[3] - Current assets totaled ¥1,085,071,541.21, down from ¥1,125,316,034.66, indicating a decrease of about 3.57%[14] - Total liabilities decreased to ¥192,649,819.53 from ¥326,669,178.77, a significant decline of approximately 41.0%[16] - The company's equity increased to ¥1,048,297,352.50 from ¥930,085,734.37, reflecting an increase of about 12.7%[16] - The company's total liabilities to assets ratio (consolidated) improved to 15.52% from 25.99% year-on-year[3] - The company's total liabilities to equity ratio improved, indicating a stronger financial position[16] Investments - The company reported a significant increase in financial assets, with trading financial assets rising by 2,100.00% to CNY 220,000,000.00 due to increased investment in financial products[4] - The company’s investment activities generated a net cash outflow of CNY 342,738,843.86, an increase of 458.52% compared to the previous year[4] - Cash inflow from investment activities was 459,029,033.45 yuan, compared to 164,606,455.56 yuan in the previous year, an increase of approximately 178.5%[25] - Cash outflow from investment activities rose to 801,767,877.31 yuan in 2024 from 225,972,440.73 yuan in 2023, an increase of about 254.5%[25] - Cash paid for other investment activities rose significantly to CNY 489,000,000.00 from CNY 222,000,000.00, highlighting aggressive investment strategies[27] Shareholder Information - The total number of unrestricted shares is 29,372,000, accounting for 27.28% of the total share capital[7] - The total number of restricted shares is 78,288,000, representing 72.72% of the total share capital[7] - The total share capital amounts to 107,660,000 shares[7] - The largest shareholder, Han Jun, holds 52,684,800 shares, which is 48.94% of the total shares[9] - The top ten shareholders collectively hold 80,394,236 shares, accounting for 74.67% of the total shares[9] Research and Development - Research and development expenses for the first nine months of 2024 were CNY 21,522,141.81, an increase of 22.5% compared to CNY 17,579,701.49 in the same period of 2023[20] - Research and development expenses increased to 18,463,721.68 yuan in 2024 from 16,654,186.57 yuan in 2023, an increase of about 10.9%[22] Corporate Actions - The company has completed the lifting of restrictions on shares held by strategic investors as of June 2024[12] - The company has undergone a board and management restructuring, resulting in the election of a new board and management team[12] - The company plans to use up to 370 million RMB of idle raised funds for cash management, investing in safe financial products[13] - The company intends to use up to 150 million RMB of its own idle funds to purchase low-risk financial products[13]
广厦环能(873703) - 2024 Q3 - 季度财报